Are indications of interests or negotiations reportable under the OATS Rules?
No. Indications of interest and negotiations are not considered reportable events under the OATS Rules. Indications of interest are never reported. A negotiation is not considered to be a reportable event until both parties agree to the terms of a trade. After the terms of the trade are agreed to, a new order report and appropriate secondary event (route report or execution report) must be reported to OATS.
